Following recent industry instability, banks in the European Union must be “cautious” with dividends and other payouts and concentrate on maintaining healthy cash reserves, the
Category: Europe
King Charles III captivated Germans with his roots and language skills.
On his three-day trip to Germany, King Charles III captivated the hearts of many people. This was his first overseas tour since taking the throne
ECB calls for EU deposit insurance in a bid to reassure EU leaders over bank stability.
Following market turbulence brought on by Swiss and American banks, the European Central Bank is likely to reassure European Union leaders on Friday that banks
Switzerland commits $280b about 30% of GDP to UBS – Credit Suisse merger.
According to documents outlining the merger, Credit Suisse and UBS could receive more than 260 billion Swiss francs ($280 billion) in state and central bank
Credit Suisse says regulators gave orders that $17b bonds be rated as junk.
In a move that enraged investors on Sunday, Credit Suisse announced that 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will
French Insurer AXA has exposure of $640m zero-rated bonds with Credit Suisse.
According to a statement made on Monday, the French insurer AXA had a “small exposure” to the Swiss bank Credit Suisse of roughly 0.6 billion
Hamburg church mass shooting leaves 8 dead, several injured.
Eight persons were killed in a shooting at a Jehovah’s Witnesses hall in Hamburg, Germany, reportedly including the shooter, authorities announced on Friday. Unknown numbers
ECB to test banks for cyber resilience due to the sharp rise in cyber-attacks.
After a substantial increase in cyber-attacks, notably following Russia’s invasion of Ukraine, the European Central Bank aims to test the biggest banks in the eurozone
Russia set to deploy Sarmat nuclear missile with multiple warheads.
After American claims that the weapon failed a recent test, Russian President Vladimir Putin announced on Thursday that the new Sarmat intercontinental ballistic missile will
Russian leader puts the world on notice of a nuclear conflict: steps down New Start treaty.
In his annual speech to parliament on Tuesday, Russian President Vladimir Putin accused the West of playing a dirty game over Ukraine. His speech, which
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